Mr. Speaker, in response to a request from the provincial and territorial energy and mines ministers, Natural Resources Canada commissioned a study on the competitiveness of Canada’s upstream oil and gas industry.
With regard to (a), the contract for a study on the competitiveness of Canada’s upstream oil and gas industry follows a joint ministerial commitment made at the 2017 Energy and Mines Ministers’ Conference, EMMC, to examine regulatory barriers to investment in Canada’s oil and gas industry. Given the specialized knowledge and expertise that exist outside government, particularly in terms of project valuations and modelling of the effects of various policies and regulations on project returns, it was decided that a study would be contracted to a third party. Following an initial advance contract award notice, ACAN, process, a request for proposals was posted in April 2018. A contract was awarded to Wood Mackenzie, a leading oil and gas consultancy, on June 7, 2018. A final study, titled “Study on Competitiveness of Western Canada’s Oil and Gas Resources”, was delivered to Natural Resources Canada on July 31, 2018.
With regard to (b) and (d), a comprehensive summary, including a detailed look at the methodology and key findings, can be found on Natural Resources Canada’s website at:
With regard to (c) the final contract value of the study was $88,000.